Life Insurance Lexington SC

As an independent insurance agency we have the resources to compare policies, coverage and premiums and make sure you get the best value for the coverage you need. We don't want to duplicate the coverage you have now for less money. We want to provide you the coverage you need for the most competitive rate.

Life Insurance Provides Protection After Death

Thinking about what might happen if you died is hardly pleasant, and yet individuals who provide for family or loved ones have a duty to spend some time contemplating the matter. One way to ensure that your family has enough money to live on if you were to pass away is by making sure you have comprehensive life insurance in Lexington, SC. We offer several different types of life insurance so that you can find the right type of coverage to provide for your family when they are at their most vulnerable.

As your life changes it is important to make sure that your Life Insurance keep pace with it. Our Life Insurance experts can help by conducting a Free Life Insurance Review of your current policies to make sure they continue to meet your needs.

Term Life Insurance

Term life insurance is the most common type of life insurance, and the best fit for most individuals. This type of insurance provides scheduled payouts to beneficiaries for a certain amount of time following the policy holder’s death. For example, recipients of term life insurance in Columbia, SC may receive several thousand dollars a month for two years following the death. The amount of the payout and the length of the terms may vary depending upon policies. Some insurance policies also allow for terminal or critical illness to trigger the payout of life insurance.

Permanent Life Insurance

Permanent life insurance - also called whole life insurance - provides recipients with benefits regardless of when the policy holder died. While term life insurance is generally meant to provide benefits when an individual dies prematurely or unexpectedly, permanent life insurance provides coverage no matter the age or overall health of the policy holder. In addition, the premium for this type of life insurance generally stays the same as long as the policy holder keeps the insurance.

While more expensive than term life insurance, this is a good option for people who know they will have dependents regardless of how old they are when they die.

Burial Insurance

Burial insurance is often packaged with life insurance. It is designed to cover the costs of a funeral and burial service after an individual passes away. Since funerals can often be surprisingly - and prohibitively - expensive, burial insurance is a good way to defray costs and ensure that friends and family are not burdened with expenses during one of their most trying times.

Rather than dismissing talk of life insurance as morbid or sad, think of it as the loving act that it is. Life insurance is a promise you make to provide for your loved ones even when you can no longer be there with them physically. Call out office today to discuss your life insurance options or get a quote.

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With over 66 years of combined experience in the insurance industry the staff at The Ricard Agency seeks to provide you with the product knowledge and service you deserve, whether your concerns involve your automobile, home, boat or business insurance.